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Carnival Corp. lifts dividend to 35 cents/share, a 17% increase

Carnival Corp. lifts dividend to 35 cents/share, a 17% increase

On the day of its annual shareholders meeting, taking place in New York City, Carnival Corp. & plc announced a 17% increase in its quarterly dividend.

The pay is going to 35 cents per share.

'The increase in our quarterly dividend follows a 20% increase less than a year ago and reflects our sustained earnings improvement and growing net cash flow which is forecasted to reach $4.5 billion in 2016,' said Arnold Donald, president and ceo.

The record date for the dividend is May 27, and the payment date is June 17.

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